Zhejiang Free Trade Zone Hengfan Petrochemical Co., Ltd.?s announced that it has received CNY 10,000,000 in an equity round of funding on August 10, 2023. The transaction included participation from new investor Ningbo Bocheng Enterprise Management Partnership Enterprise (Limited Partnership) for CNY 6,400,000 for 32% stake and returning investor Ningbo Bohui Chemical Technology Co.,Ltd for CNY 3,600,000 for 64% stake.